Energy efficiency has been on the agenda of governments and industry across the world over the last several decades. But it was after Saurabh Kumar, Managing Director, Energy Efficiency Services Ltd (EESL) developed a business proposition out of the idea that energy efficiency has got a shot in the arm.

Saurabh Kumar's eyes light up the moment one starts talking to him about his favourite passion, energy efficiency. An Indian Revenue Service (IRS) officer of the 1992 batch, Kumar took charge as Managing Director at the Energy Efficiency Services Ltd (EESL) in May 2013.

We had started lighting division in 2004. Till then Havells had presence in switches, switch gear, wires and cables. Last year, our turnover in lighting was close to Rs.1000 crore, in which LED component is now more than 75 per cent.

Globally, Electrical Motors Driven Systems (EMDS) use around 70 per cent of the electricity consumed by industry. Since the industry accounts for around 40 per cent of electricity demand in India, it follows that motors use around 28 per cent of total electricity, making it larger user than lighting at 24 per cent.

The international electro technical commission standard IEC 60034-30-1: 2014 'Rotating electrical machines - part 30-1 : efficiency classes of line operated AC motors' has globally harmonised the energy efficiency classes of all electric motors that are rated for line operation this includes all single and three phase motors between 0.12-1000 kW.

Luminous recently announced its entry into the modular switch industry. The launch further strengthens Luminous’s ambition to serve the ever evolving electrical and power needs of home consumers in India. Luminous, a consumer super brand already has a strong portfolio in fans, solar, power backup and the recently launched LED lighting products.

The global lighting fixtures market is growing at a compound annual growth rate (CAGR) of 7.1 per cent during forecast period 2017-2024. The global lighting fixtures market is projected to reach to a valuation about $216.45 billion by the 2024-end.

Efficient energy management is becoming indispensable, and the concept of a smart city is modelled on this. Energy efficiency in India would lead to technological innovation and upgradation, modernisation, adoption of best practices and global benchmarking.

Speaking about the launch, Vipul Sabharwal, MD, Luminous said “Our entry into the LED lighting category is a natural extension, to offer complete home electrical solutions. LED Lighting is growing at very fast pace and will redefine the core of lighting business. We feel our strong understanding in electronics and power products with global energy expertise, makes us a competent player to address the needs of Indian Consumer and help him realise the dream of a future smart home.”